NOT LISTED FOR SALE

7600 Nc Highway 194 S Banner Elk, NC 28604

Estimated Value: $2,198,000 - $3,241,292

4 Beds
4.5 Baths
6,017 Sq Ft
$452/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $1,330,000 $221 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $14,941/month

Highlights

  • 17 Acre Lot
  • Mountain View
  • 2 Fireplaces
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of December 2017

This is an incredible hand-hewn log home on approximately 17 acres and is situated among beautiful hardwoods in a quiet and peaceful setting. Masterfully finished walnut-flagstone flooring in foyer, twig and bark accenting, custom doors and finishes make the distinctive quality of this home hard to match. The main level includes a lovely kitchen with granite countertops and abundant custom cabinets. The living area has a stacked-stone, full masonry fireplace. A screened porch creates a lovely outdoor living area for three-season enjoyment. Lower level includes a media room with custom twig cabinetry, game room with wet bar, guest bedroom and bath and exercise room. Upper level has two expansive guest bedrooms, abundant storage and office. There is slate flooring in kitchen, laundry, butler's pantry and half bath. The theater system is also included. The home's location is between Banner Elk and Valle Crucis, which provides for convenience and easy access. Overflow lodge is a perfect full-time home or summer retreat for discerning buyers with privacy in mind.

Last Agent to Sell the Property

Sarah Whitfield

Premier Sotheby's International Realty- Banner Elk Listed on: 05/01/2017

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Melinda Eggers

Premier Sotheby's International Realty- Banner Elk

Premier Sotheby's International Realty- Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 2002

Lot Details

  • 17 Acre Lot
  • Home fronts a stream
  • Wooded Lot

Home Design

  • Log Cabin
  • Shake Roof
  • Wood Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Partial Basement

Kitchen

  • Built-In Oven
  • Induction Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1869788563000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,149

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 17.0
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3825.0
  • Architectural Style: Log Home
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Induction Cooktop, Microwave, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Finished, Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2192.0
  • Fireplace Features: Two, Gas, Stone, Vented, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 6017.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Screened
  • Roof: Shake, Wood

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1869788563000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4149.0
  • Tax Book Number: 1705/833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2020
Sold by
Bowles David Ray and Pennington Nell Victoria
Bought by
Kmbb Llc
Current Estimated Value
$2,719,646

Purchase Details

Closed on
Sep 6, 2019
Sold by
Madison Capital Group Llc
Bought by
Bowles David Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,464,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2018
Sold by
Hanks Erica L and The Hf Irrevocable Trust
Bought by
Madison Capital Group Llc

Purchase Details

Listed on
May 1, 2017
Closed on
Dec 14, 2017
Sold by
Doolittle James H and Doolittle Drema
Bought by
Hanks Erica L and The Hf Irrevocable Trust
Seller's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Melinda Eggers
Premier Sotheby's International Realty- Banner Elk
List Price
$1,330,000
Sold Price
$1,330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kmbb Llc -- None Available
Bowles David Ray $1,830,000 None Available
Madison Capital Group Llc -- None Available
Hanks Erica L $1,330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowles David Ray $1,464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $1,330,000 0.0% $221 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $1,330,000 -- $221 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,585 $1,756,400 $612,700 $1,143,700
2023 $6,544 $1,756,400 $612,700 $1,143,700
2022 $6,544 $1,756,400 $612,700 $1,143,700
2021 $6,282 $1,369,200 $296,300 $1,072,900
2020 $6,282 $1,369,200 $296,300 $1,072,900
2019 $5,014 $1,369,200 $296,300 $1,072,900
2018 $4,149 $1,009,700 $296,300 $713,400
2017 $4,149 $1,009,700 $296,300 $713,400
2013 -- $989,300 $296,300 $693,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sarah Whitfield

    Premier Sotheby's International Realty- Banner Elk

    (828) 260-2929

    37 in this area

    86 Total Sales

    Sarah Whitfield
    Section Image

  • M

    Buyer's Agent in 2017

    Melinda Eggers

    Premier Sotheby's International Realty- Banner Elk

    (828) 387-5376

    16 in this area

    42 Total Sales

    Melinda Eggers
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 200481

High Country Association of REALTORS®

APN: 1869-78-8563-000

North Carolina Watauga County Banner Elk 28604

7600 Nc Highway 194 S, Banner Elk, NC

This home is located at 7600 Nc Highway 194 S, Banner Elk, NC 28604 since 01 May 2017 and is currently estimated at $2,719,646, approximately $451 per square foot. This property was built in 2002. 7600 Nc Highway 194 S is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes